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Hacker and Pierson Discuss
Q From the Hacker and Pierson article, highlight the details from what Gregory Mankiw meant when he likened the superrich to golden ticket winners from Charlie and the Chocolate Factory.
Hacker and Pierson discuss an important aspect of inequality, which by every means isn’t just a random coincidence, but rather a strategic creation, often by the society and often by the government. Using the proponent put forward by Mankiw, the point has been highlighted in detail how the gold tickets in Charlie and the Chocolate Factory was not a gimmick or a part of the movie alone, but a subtle touch upon the reality that the chocolate bar wrappers having the tickets didn’t end up with everyone, but rather only the educated few.
